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What is the Impact of Weather Shocks on Prices? : Evidence from Ethiopia (English)

The impact of drought on household welfare is the cumulative effect of crop losses and price changes in a local economy that are triggered by these initial losses. This paper combines data on monthly grain prices and wages in 82 retail markets over 17 years with data on district-level weather shocks to quantify the impact of drought on local prices and how this impact varies by month after harvest. The results show that price increases occur immediately...
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Hill,Ruth; Fuje,Habtamu Neda.

What is the Impact of Weather Shocks on Prices? : Evidence from Ethiopia (English). Policy Research working paper|no. WPS 9389 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/840771599657255297

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